REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
Zuberance, a San Carlos, CA-based operator of a marketing platform that is designed to energize buyers (Brand Advocates) on social media, has received $8m in Series B funding. The round was led by Canaan Partners, with participation from existing investor Emergence Capital Partners and Correlation Ventures, which had led the company’s $4m Series A funding […]
ASSIA Inc., a Redwood City, CA-based provider of high-performance software tools for Dynamic Spectrum Management (DSM) of Digital Subscriber Line (DSL) networks, has secured $20.8m in strategic financing. New investors Telefonica, AT&T, and Sandalwood Partners have joined existing shareholders Mingly China Growth Fund, SFR Development, Sofinnova Partners, Stanford University, Swisscom Ventures, and T-Ventures. The company […]
TxVia, Inc., a New York, NY-based provider of processing solutions for prepaid and emerging payments, closed a $27.5m Series D financing. The round was led by new investor Oak Investment Partners, with participation from existing institutional investors, including Bain Capital Ventures, Espírito Santo Ventures and Village Ventures. This financing brings the total amount TxVia […]
Neohapsis, a Cambridge, Massachusetts-based provider of governance, risk, and compliance (GRC) products and services, closed a new $4.5m financing round. The investment was led by New Venture Partners, with participation from existing backers Trident Capital and Paladin Capital Group. In conjunction with the financing, Daniel J. Deeney, partner and a founder of New Venture Partners […]
Snacks International, a market leader for private label salted snacks in France, has received a private equity investment of undisclosed amount from IK Investment Partners. Following the transaction, IK will retain a majority stake in the company. Financing of the transaction is underwritten by Le Crédit Lyonnais and Céréa Mezzanine. Acquired in 1997 by Jean-Pierre […]
rPath, a Raleigh, N.C.-based company that acts as a service factory for automating software system construction, image generation and lifecycle management of standardized software components and stacks across physical, virtual and cloud environments, has raised $7m in its fourth venture capital funding. The round, which brings the total capital raised by the company to date […]
Guanya Education Group, a Shenyang, China (Liaoning Province)-based children’s English education company, has raised over US$4m in its first funding. The round was led by ARC China. As also stated by Mr. Sam Hu, CEO of the company, this capital infusion will support Guanya in adding corporate governance, operation, and international expertise, and accelerating its […]
Aegis Sciences Corporation, a Nashville, Tennessee-based provider of forensic toxicology testing services, received a majority investment from Metalmark Capital, a New York-based private equity firm. Debt financing in support of the transaction, whose amount remained unsdisclosed, was provided by Madison Capital Funding LLC, Regions Bank, and Pinnacle National Bank. Following the investment, Aegis Sciences Corporation […]
General Compression, Inc., a Newton, Massachusetts-based developer of an innovative compressed air energy storage system that burns no fuel when generating electricity, has completed the 2nd tranche of a $20.9m Series A funding. The round was closed following the commissioning and successful testing of a 30kW Proof of Concept module of its patent-pending GCAES™ technology. […]
iCiX, Inc., a San Mateo, CA-based web based network for analyzing supply chain risk and managing supplier information, has raised $6m in a series B funding. The round was led by Draper Fisher Jurvetson, with participation from Starfish Ventures. The capital will allow the company to accelerate product development, sales and marketing, expanding their reach […]
Signpost, a New York City-based community-powered deal site – formerly known as Postabon, has received capital from Google Ventures. The company, which had raised initial funding from Spark Capital and business angels, has launched a new site and is in the process of expanding in Boston, Chicago, and San Francisco. Signpost is designed to help […]
Telesphere, a nationwide hosted PBX, VoIP and Cloud Communications business phone and Internet services provider, closed an additional financing. Telesphere backers include several premier telecommunications investors such as Rally Capital, Hawkeye Investments and others. The proceeds from the financing, whose amount remained undisclosed, will be used to support the company’s growth, which is currently driven […]
PayScale, a Seattle, WA-based online provider of employee compensation data, has received working capital financing from Leader Ventures. Commenting ion the investment, Patrick Gordan, managing director at Leader Ventures, said: “PayScale is a fast growing start-up firm looking for a financing partner to provide flexible support. “At Leader Ventures, we pride ourselves at our ability […]
RPI, Inc., a Seattle, WA-based leader in automated manufacturing and fulfillment for the consumer make-on-demand printed products market, has closed a $5m preferred round of funding. The round was led by Riverlake Partners, LLC, a Portland-based private equity group focused on the lower middle market. The investment is being made through its second fund, Riverlake […]
Adesso Solutions, a Rolling Meadows, IL-based provider of integrated technology solutions for the Consumer Goods industry, received an “incremental multi-million dollar” support by its original investors including Seneca Partners. The new capital will be used to accelerate the company’s growth, enhance service to customers, and expand its product offering over the next 12-18 months. Commenting on […]